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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (1485)2/28/2001 3:16:12 PM
From: Nick  Respond to of 52237
 
Surprising that Angell even has the balls to appear on CNBS. But he's trying to explain his way out.



To: JRI who wrote (1485)2/28/2001 5:14:49 PM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
JRI,

<<What's the next support level on the SOX?>>

Remember it wasn't too long ago that the analysts were so excited about this group. Where are they now? I have to admit I have never been more disgusted with the WS community. Their timing throughout this entire correction has been less than stellar. We can only hope for an analyst shake out similar to the one we're getting with stocks.

Things closed ugly. The close today was very important. Look at the COMPX, we closed at a new low. Besides many of the generals. Even some stocks that closed higher showed signs of distribution. So we are at the place where the rubber hits the road. The next couple of days will tell us much. It could get fast and furious.